CAV 8.33% 0.6¢ carnavale resources limited

Will be interesting to see what CAV plan to do if they prove up...

  1. 777 Posts.
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    Will be interesting to see what CAV plan to do if they prove up say 150,000oz and sell it for $50-75m cash. Will they give it back to shareholders, spend it on new tenements / exploration and try to replicate the same model, or merge with a cash-strapped company with a decent MRE to bring it into production? You'd have to think the larger shareholders would want some return on their investment but there will be some interesting options available
 
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